802 Grissom DrColorado SpringsCO80915
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Colorado Springs at 802 Grissom Dr, Colorado Springs, CO, 80915 at $347,000 posts ROI 19.87% with from $2,018/mo rent. Total monthly income equals $2,018/mo. Return on cash invested measures 19.87% and rental yield reads 6.98% at the current $347,000. Equity gained on principal adds $2,239/yr, and 5% annual appreciation supports $95,870 by year five. Five-year ROI prints 102.19% and total cumulative return in cash totals $117,548. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
2,696 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80915, Colorado Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,702 (100%) |
| Owner Occupied HU | 5,806 (59.8%) |
| Renter Occupied HU | 3,280 (33.8%) |
| Vacant Housing Units | 616 ( 6.3%) |
| Median Home Value | $423,486 |
| Average Home Value | $490,589 |
Housing Distribution
Address Breakdown
Residential
9,699
Single Family
8,166
Multi-Family
1,533
Businesses
967
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Listed by: Edward Behr CRS GRI • The Platinum Group
Mls Name: Pikes Peak MLS
Mls ID: #3554156